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Text File  |  1992-09-04  |  417b  |  12 lines
  1. Deregulation is an action to abolish or
  2. reduce government controls and supervision
  3. over private economic activities. Its purpose
  4. is to improve competition. Increased 
  5. competition had the effect, in some areas, of
  6. driving smaller companies out of business. A
  7. tremendous increase in mergers, acquisitions,
  8. and bankruptcies followed deregulation as the
  9. stronger companies consumed the weaker. 
  10.  
  11. Subject by: Darren Wells
  12.